Tinkoff Invest
Description of Tinkoff Invest Company
Tinkoff Invest service started its operations in 2016 and is a subsidiary of Tinkoff Bank, which has been operating since 2006. The company is owned by Oleg Tinkov, who was inspired by remote projects in the USA and created a “branchless bank” in Russia.
Licenses and Location
Publicly available information indicates that the company has obtained 3 perpetual licenses approved by the Central Bank of Russia, allowing for banking, brokerage, and depository activities. The main office of the broker is located in Moscow on Volokolamsky Proezd.
Opening a Brokerage Account
The company offers a step-by-step process for opening a brokerage account. To do this, you need to submit an application, providing your passport and Tinkoff Bank debit card. After completing the procedure, the client gains access to the account.
Trading Conditions
- Investor. The broker charges 0.3 for trades, provides a standard list of securities, round-the-clock chat support, and a robo-advisor. Account maintenance is free.
- Trader. The broker charges 0.05 for trades, as well as 0.025% for turnover of 200 thousand rubles + per day. Clients have access to a standard set of securities and support via phone and chat. Account maintenance is free with a bank card and a portfolio of over 2 million rubles.
- Premium. The trader pays 0.025% per trade, as well as 0.25-4% for trades with foreign over-the-counter securities. Clients have access to a standard list of securities, securities of global exchanges, and over-the-counter instruments. Account maintenance is free with a portfolio of over 3 million rubles.
Deposit and Withdrawal of Funds
Depositing and withdrawing funds are done through Tinkoff Bank debit card without brokerage commission. To withdraw funds, you need to submit a request in the personal account.
Conclusion
Tinkoff Invest provides all necessary documents about the company’s activities on the website. The broker claims to be the leader in the number of active clients on the Moscow Exchange. It is recommended to carefully study the information before opening an account and consult an independent financial expert.